Key stats
About L&G DAX Daily 2x Short UCITS ETF EUR
Home page
Inception date
Jun 22, 2009
Structure
Irish VCIC
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
LGIM Managers (Europe) Ltd.
ISIN
IE00B4QNHZ41
The L&G DAX Daily 2x Short UCITS ETF (the Fund) is a passively managed exchange traded fund (ETF) that aims to track the performance of the Short DAX x2 Index (the Index).
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash101.37%
Miscellaneous−1.37%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DES2 assets under management is 21.97 M EUR. It's fallen 18.76% over the last month.
DES2 fund flows account for −3.93 M EUR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, DES2 doesn't pay dividends to its holders.
DES2 shares are issued by Legal & General Group Plc under the brand L&G. The ETF was launched on Jun 22, 2009, and its management style is Passive.
DES2 expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
DES2 follows the ShortDax x2 Index - EUR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DES2 invests in cash.
DES2 price has risen by 4.18% over the last month, and its yearly performance shows a −42.94% decrease. See more dynamics on DES2 price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.09% over the last month, showed a −12.17% decrease in three-month performance and has decreased by −41.23% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.09% over the last month, showed a −12.17% decrease in three-month performance and has decreased by −41.23% in a year.
DES2 trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.